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Footnotes: Robbing Pearl to Pay Yourself; School Rankings Are a Crock; Life After Accounting | 07.31.14

SEC Charges Virginia-Based Broker With Stealing Funds From Elderly Customers [SEC]

It was an employee who blew the whistle on L-3 Communications' accounting misconduct [Reuters]

What official rankings don’t tell you about where to go to university Prominent schools like Tulane’s Freeman School of Business in New Orleans and Emory University in Atlanta have been known to inflate their admissions test scores (like the GMAT and SAT) to try and boost their rankings. More recently, the alleged wrongdoing by the University of Missouri-Kansas City’s Bloch School of Management has been spotlighted in a new series of investigations by the Kansas City Star. [Quartz]

The NY Fed thinks Puerto Rico should clean up its economic act [AP]

SEC Enforcement Heats Up If you can't take it, you may remove yourself from the kitchen at once [FEI]

When accounting just isn't doing it for you, open a fashion boutique [CultureMap]

Here's an EY Flexibility Leader talking to the Senate Subcommittee on Children and Families about paid family leave [US Senate]